3. from new york to frank for, christine lagarde heads for the euros of s slowing and the need for fresh stimulus. shery: let s get a quick look at how the markets closed in the u.s. stockmarkets removing with between gains and losses throughout the session before moving decidedly higher in the last hour of trading or so. we have the s&p 500 falling to session lows when we heard from cleveland fed president loretta mester talking about the fact she could not support a rate cut. we saw a estate, utilities, communication stocks pulling the market higher. the s&p 500 closed 3/10 of 1% higher. it was a session of low volumes. we are headed towards a july 4 holiday and not to mention that trading will help only during the morning session. we have seen a little bit of light volume in this session. not to mention that we have a lot of eco-data coming around the holiday, including the labor report on friday. take a look at tesla. this was one stock that moved with a surge in late tra
deeper into bear market terrain. if you have questions on the japanese markets, send them in, tv . only three stocks were up on the hang seng. 1.1%. sixth straight a day. half a look at the shanghai composite. and really bad numbers. maybe it has to do with yields and the repricing of growth and inflation expectations next year. have a look at the sovereign bond markets. who would have imagined we would be at these levels on 10 year yields six weeks back? here we are. year.n your u.s. 10 in other words, it is not looking good. the bond markets tell you something might be a miss, bewth, the fed, and may these gyrations out of washington. the latest resignation out of the white house, here is your first word news. jim mattis will retire at the end of february, citing differences with president trump over america s alliances. the president tweeted his thanks and set a successor would be named soon. reports say the president s decision to pull troops out of syria was seen as a cl
all is calm all is bright mother and child holy infant tender and mild sleep in heavenly peace sleep in heavenly peace carley: that is our beautiful christmas choir. pastor lindsey williams and divine connection on fox square this christmas morning. good morning, everybody. carley shimkus, griff jenkins and kevin corke is on the couch with us. we hope you are having a wonderful christmas morning. the day is payable toly here. griff: what beautiful caroling. we were talking just before we came on. that is a beautiful a cappella. carley: difference between singing and caroling we think it s a cappella of course. griff: i called it a cappella. something something beautiful about caroling. i can t sing so i would never carol. it s really special part. carley: kevin, you have such a good speaking voice. can you sing? i wouldn t be surprised. kevin: go on, stop. i actually did sing in college. i sang in a church choir for about i would say about two ye
chief megan murphy. let s begin with the european cover story. perhaps the safest women in european politics right now because no one wants to replace her and they don t know the replacer with, theresa may. megan: this is the story that keeps on giving. you really do have some sympathy for the woman who has not only faced an extreme series of internal political challenges, including sexual-harassment scandal in parliament, ministers leaving, but also overshadowing all of this is not only her own inability to lurch from crisis to crisis to crisis, but this fixed timetable on brexit and all the challenges they face over that in terms of securing a deal with the eu that is refusing to budge on so many issues about single market, timing, compensation. it is the worst of all worlds for her right now. julia: some people don t have sympathy. why did you cause an election? why did you squander the lead you had over that period when you went into this election? some of the comparisons
anna: this is this is bloomberg. bloomberg daybreak: europe. manus: there is one market in the world that is not have a good friday fielding, and it is does not have a grid friday feeling, and it is the brazilian real. there is chaos in the markets. we thought we would try but put this in context for you. there was a close on dollar-real. if you want to understand volatility, it is down to the real. it has trumped the peso. this is the peso in yellow. it was a walk in the park, because what you have in the brazilian real, volatility is ratcheting up to 22%. stocks are in a tailspin, country risk is in a tailspin, but that rise in the real. what happens next from tehran? that is the debate. anna: we have plenty of politics to talk about. is earlyis downgrading in stocks. we have a great story on the bloomberg talking about those investors who feel brave enough that this is the time to buy some of those brazilian assets. we will talk about that during the program. on at the r